Overview
What is Franklin Technical School Building Society Inc?
Franklin Technical School Building Society Inc is a nonprofit organization located in Greenfield, Massachusetts. Their primary mission is to enhance the education, training, and development of young individuals pursuing careers in various trades, such as carpentry, plumbing, and electrical work, at the Franklin County Technical School. To accomplish this, they provide properties for renovation and construction, enabling students to further their skills and knowledge in their respective fields. The society's activities are centered around promoting and fostering the growth of young tradespeople, contributing positively to their futures and the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating. The rating reflects significant concerns regarding accountability and finance, with the charity scoring particularly low in areas related to board independence and governance practices. The absence of independent board members and various missing policies contribute to this low score.
Strengths of the Franklin Technical School Building Society include a complete program expense ratio, indicating that all expenses are directed towards its programs. Additionally, the organization reports no material diversion of assets, which is a positive sign regarding its financial integrity. However, these strengths are overshadowed by critical governance issues.
Limitations include missing essential governance documents such as conflict of interest and whistleblower policies, and a lack of independent oversight on the board. The nonprofit also does not have its tax form readily accessible on its website, which raises transparency concerns. Overall, while the organization commits its resources to its mission, serious governance deficits impede its overall rating in terms of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Technical School Building Society Inc legitimate?
Franklin Technical School Building Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Technical School Building Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Franklin Technical School Building Society Inc?
The Franklin Technical School Building Society Inc is dedicated to promoting and facilitating the education, training, and development of young individuals specializing in various trades such as carpentry, plumbing, and electrical work. This is accomplished through the Franklin County Technical School. Their mission involves providing necessary resources, including properties for renovation and construction, to help these students further their skills and knowledge in their chosen fields. The society aims to equip these young tradespeople with the necessary skills to excel in their respective trades, ultimately contributing positively to their respective industries.
Who is the CEO of Franklin Technical School Building Society Inc?
Lori Grover is the Director of Franklin Technical School Building Society Inc.
What is the revenue of Franklin Technical School Building Society Inc?
Franklin Technical School Building Society Inc's revenue in 2023 was $0.
Who are the executives of Franklin Technical School Building Society Inc and what are their salaries?
There 12 volunteers at Franklin Technical School Building Society Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Franklin Technical School Building Society Inc?
Franklin Technical School Building Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Franklin Technical School Building Society Inc
Franklin Technical School Building Society Inc is dedicated to the promotion and execution of education, training, and development for young individuals pursuing careers in various trades, such as carpentry, plumbing, and electrician work. Their mission is centered around the Franklin County Technical School, where they aim to foster the growth and skills of these aspiring trade professionals. By providing properties for renovation and construction, the society enables students to further their training in a practical and hands-on environment, ultimately preparing them for successful careers in their chosen fields.
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Impact
October, 2024
Franklin Technical School Building Society Inc plays a crucial role in enhancing vocational education in Greenfield, MA. By providing properties specifically designated for renovation and construction projects, the organization creates hands-on learning opportunities for students at Franklin County Technical School. This practical experience is essential for young carpenters, plumbers, electricians, and other tradespeople, as it allows them to apply theoretical knowledge in real-world settings.
The society's efforts not only promote the education, training, and development of these future trades professionals but also contribute to the overall skill development within the community. By equipping students with the necessary tools and environments for learning, the society fosters expertise that benefits the local workforce and economy. In essence, Franklin Technical School Building Society Inc serves as a vital link between education and practical application, empowering the next generation of skilled tradespeople.
This information is meant to be a general summary of Franklin Technical School Building Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
Assets and Liabilities:
- Total Assets: $208,069
- Total Liabilities: $0
- Net Assets: $208,069
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Organization Details
Founding Year
2016
Phone
(413) 775-8103Principal Officer
Lori Grover
Main Address
PO BOX 1537, GREENFIELD, MA, 01301
NTEE Category
Code: B12 - Education
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